Adopting ambitious and comprehensive structural reform agendas will offer governments the best chance for a return to strong, sustainable and balanced economic growth that creates jobs and reduces inequality, according to the OECD’s latest Going for Growth report

This year’s report identifies and assesses progress that countries have made on key reforms to help their economies rebound from the global economic crisis, boost long-term growth, improve competitiveness and productivity and create jobs.

Offshore tax evasion remains a serious problem for countries and jurisdictions worldwide, with vast amounts of funds deposited abroad and sheltered from taxation when taxpayers fail to comply with obligations in their home countries.

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Finland’s economy is gradually picking up, but uncertainty surrounds the recovery. Determined action to implement structural reforms is needed to revive economic growth, restore competitiveness and preserve high standards of living and well-being, according to the OECD’s latest Economic Survey of Finland.

OECD Secretary-General Angel Gurría and finance ministers from some of the countries hit hardest by the crisis will discuss what action is needed to ensure a more dynamic and resilient Euro Area in the years ahead.

Extreme volatility during the global financial crisis complicated economic forecasting, leading to large errors that underline the need for better modelling methods and new approaches for making and presenting projections.